LindaCoin, also known as Linda Cryptocoin, is a hybrid coin that offers 70% pure PoS block reward phase and 99% APR. Find out how it works today in our LindaCoin review.
What Is LindaCoin?
LindaCoin, found online at LindaCoin.com, is a digital currency that promises to solve crucial problems within the digital currency community. LINDA is a hybrid PoW/PoS coin. The coin offers more than 70% pure PoS block reward phase and 99% APR. It also comes with a masternode to ensure lightning fast, secure transactions.
Other features of LindaCoin include multi-wallet support, encrypted messaging, and a stealth address for complete anonymity.
LindaCoin launched earlier this summer. It appears to be similar to Dash – especially with its masternode feature. Ever since DASH’s market cap took off, LindaCoin has been receiving renewed interest.
The coin offers all of the following features:
- Over 70% pure PoS block reward phase
- Masternodes to make transactions instant
- 50% block rewards for masternodes
- Stealth address for security and anonymity
- Encrypted messaging system
- Multi-wallets for Windows, Linux, and Mac OS X
- Web wallets, Android wallet, iOS wallet, and Electrum wallets are all listed as “coming soon”
- Masternodes get 50% of the block’s total mining reward
- Max supply of 50 billion LindaCoins
- Block reward halving every 15 months
- Yearly interest of 99% (99% APR)
- 90 second block time
- DGW v3 difficulty retargeting algorithm
Version 1.01 of LindaCoin has already been released, including wallets for Windows, Linux, and Mac OS X. Mobile wallets have not yet been released. In the future, the company plans to launch LindaCoin across all major cryptocurrency exchanges.
How Does LindaCoin Work?
Right now, LindaCoin is a low market cap coin available on just a few small exchanges. However, it’s available through CoinExchange.io, Yobit.net, and Cryptopia. In the near future, it may be available on NovaExchange, LiveCoin, and C-CEX.
Thanks to Linda masternodes, the network facilitates lightning fast and instant transactions in a fraction of a second, making transactions suitable for everyone.
Users can also setup their own masternodes to start earning 50% of the total block mining reward. A user on Steemit has a good guide on how to setup a LindaCoin masternode.
Masternodes have a minimum stake age of 24 hours and an unlimited maximum staking age.
LindaCoin is a masternode-supporting cryptocurrency that seems to work similar to DASH. Some even claim it’s a near-clone of DASH. LindaCoin uses a hybrid PoS/PoW system with more than 70% pure PoS block rewards and 99% APR. You can setup a masternode to earn 50% of the total block’s reward per node.
There’s limited information about LindaCoin available online at this time. The coin is available on a small number of exchanges, and the price has been fluctuating wildly since launching in July 2017. The developers have made the LindaCoin code available open source through GitHub. However, there’s no whitepaper available online at this time.
There’s also virtually no information about the developers of LindaCoin available online, including where they’re based or how many people are involved with the project.
You can learn more about LindaCoin and decide for yourself whether it’s worth an investment at LindaCoin.com.